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Poor demand from yarn mills pull down cotton prices by 7.5%

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Poor demand from yarn mills pull down cotton prices by 7.5%

Estimates put forward by traders suggest daily arrival of 4,000 bales of cotton in Punjab

Sensex slumps over 300 points; Nifty below 8,050

Main losers on the Sensex are Hindalco, Tata Motors, Cipla, BHEL, GAIL & Coal India

Commexes' turnover falls to five-year low

CTT, low participation and weak trading sentiment are primary reasons

India's steel production grows by 1.7% in August

Country's steel output growth was spectacular mainly due to higher production by major producers

DLF slumps on BNP Paribas downgrade

Stock down over 4.5% on a rating downgrade to "reduce" from "hold"

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